PANews reported on May 3 that according to Forbes, Apple has modified the App Store policy to allow crypto-related app developers to direct users to external websites for transactions and payments within the app. This move is seen as a major turning point in the Bitcoin and cryptocurrency ecosystem. The change stems from Apple's defeat in the Epic Games case, and the court ordered it to lift the blockade of "external chain payments." Under the updated policy, developers can prompt users to jump to external platforms to purchase NFTs or make crypto payments, and no longer force the use of Apple's internal payment system. Previously, such behavior would be charged up to 30% commission by Apple, which has led to the restriction of functions of multiple crypto wallets and NFT applications or even their removal.
Analysts believe that Apple's concessions may significantly improve the availability of decentralized applications (DApps) in the iOS ecosystem, expand their user base, and drive overall market adoption. As crypto-native applications gain more freedom, the game between US regulators and technology giants at the Web3 infrastructure layer will continue to heat up.
